Solem Capital
ActiveSolem Capital has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.13M and a net result of €172k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 2276 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▲+3
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
100%
Return on assets
4.2%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
36 d early
2022
45 d early
2021
38 d early
2020
5 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€4.13M▲ 4.3%
2023 · €3.96M
2018: €2.67M
2019: €2.73M
2020: €2.69M
2021: €2.65M
2022: €3.96M
2023: €3.96M
2018 → 2024
Total assets
€4.13M▲ 0.8%
2023 · €4.10M
2018: €4.03M
2019: €3.90M
2020: €3.86M
2021: €3.87M
2022: €4.25M
2023: €4.10M
2018 → 2024
Net result
€172k▲ 19.3%
2023 · €144k
2018: €68k
2019: €56k
2020: €-35k
2021: €-40k
2022: €1.30M
2023: €144k
2018 → 2024
Working capital
€456k▲ 60.6%
2023 · €284k
2018: €168k
2019: €68k
2020: €27k
2021: €31k
2022: €578k
2023: €284k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.69M-€2.65M▼ 1.5%€3.96M▲ 49.2%€3.96M▲ 0.1%€4.13M▲ 4.3%
Operating result€10k-€3k▼ 69.6%€1.34M▲ 43,597%€2k▼ 99.9%€3k▲ 81.1%
Net result€-35k-€-40k▼ 14.5%€1.30M€144k▼ 88.9%€172k▲ 19.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 81% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.13M
Fixed assets
€3.68M=
Current assets
€457k▲ 7.8%
Equity and liabilities €4.13M
Equity
€4.13M▲ 4.3%
Debt
€968▼ 99.3%
The debt ratio falls from 3.4% to 0.0%: equity grows while debt is paid down.
Key figures and ratios
Solvency
100.0%▲
2023 · 96.6%
Debt / equity
0.00▼
2023 · 0.04
ROE
4.2%▲
2023 · 3.6%
ROA
4.2%▲
2023 · 3.5%
Debt
€968▼
2023 · €140k
Debt ≤ 1 year
€968▼
2023 · €140k
A ratio outside any meaningful range has been withheld (balance sheet total €4.13M, equity €4.13M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.10M€4.13M▲
Fixed assets21/28€3.68M€3.68M=
Tangible fixed assets22/27€3k€3k=
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€3.67M€3.67M=
Current assets29/58€424k€457k▲
Amounts receivable within one year40/41€298k€117k▼
Trade receivables40€16k€8k▼
Other amounts receivable41€282k€109k▼
Cash at bank and in hand54/58€124k€339k▲
Deferred charges and accrued income490/1€2k€890▼
Equity and liabilities
Total equity and liabilities10/49€4.10M€4.13M▲
Equity10/15€3.96M€4.13M▲
Contributions10/11€1.83M€1.83M=
Capital10€1.83M€1.83M=
Issued capital100€1.83M€1.83M=
Reserves13€219k€219k=
Non-distributable reserves130/1€119k€119k=
Legal reserve130€119k€119k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€1.91M€2.08M▲
Amounts payable17/49€140k€968▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€140k€968▼
Trade debts44-€968
Suppliers440/4-€968
Other amounts payable47/48€140k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€4k€4k▼
Operating profit (loss)9901€2k€3k▲
Financial income75/76B€155k€178k▲
Recurring financial income75€155k€178k▲
Financial charges65/66B€12k€8k▼
Recurring financial charges65€12k€8k▼
Profit (loss) for the period before taxes9903€144k€172k▲
Profit (loss) for the period9904€144k€172k▲
Profit (loss) for the period to be appropriated9905€144k€172k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.06M€2.08M▲
Profit (loss) brought forward from the previous period14P€1.91M€1.91M▼
Transfer to equity691/2€7k€0▼
To the legal reserve6920€7k€0▼
Profit to be distributed694/7€140k€0▼
Return on contributions (dividend)694€140k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 156current ratio 472.57
Current ratio from 3.03 to 472.57; short-term debt falls from €140k to €968.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €1.30M
Net result €1.30M after 2 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 25.16
Current ratio from 5.88 to 25.16; short-term debt falls from €35k to €3k.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terbekehofdreef 512610 AntwerpenGround area
2.1 ha
Building footprint
4,897 m²
Volume, LiDAR
33,354 m³
Parcel 11463D0176/00X003, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Solem Capital
since 20222.342.470.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0176/00X003 | Flanders | 2.1 ha | 1 · 4,897 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,177 companies in sector 82100 we hold annual accounts for 3,491. 725 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-01-2014
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.